$LIGHT LIGHT is currently showing a weak overall trend, and the risk of decline still exists.
Its rise mainly relies on early sentiment and liquidity support, but recently the trading volume has significantly decreased, buying power is weak, and coupled with the lack of new substantial positive news from the project team, market expectations have weakened.
In addition, the liquidity pool is small, and any large holder selling easily amplifies the decline. Technically, it has also broken through key support, belonging to a typical bearish structure. Unless the project team launches new features, increases buyback and destruction efforts, or market sentiment suddenly improves, otherwise
LIGHT is likely to maintain a weak oscillation or even continue to decline.
Overall conclusion: In the short term, it leans towards bearish, with limited rebound potential. Trading should be cautious, with small positions or even waiting as the main strategy.
Sister Jia has entered with a small position, and it’s still not too late to follow up, come quickly
Pay attention to @币圈圆圆姐 strong flipping to recover, easily reaping great benefits!!!
The team is continuously laying out!
Continuously pay attention to: SKATE XNY LIGHT SOL ETH
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